INVESTFEED foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://investfd.io/sign-up/, about the company's legal and temporary regulatory information, the company's address .
Investfeed is a forex broker established in 2020 and operates under the parent company Lengvin Partners Ltd, which is registered in Saint Vincent and the Grenadines (SVG). As a privately held entity, Investfeed markets itself as a significant independent firm that provides a comprehensive range of trading services for retail investors. The broker primarily targets individual traders interested in forex, CFDs, and various asset classes, aiming to offer an accessible trading environment.
The company claims to provide high-quality services and supports popular trading platforms, notably MetaTrader 4 (MT4). However, a deeper analysis of the broker's operations raises concerns about its legitimacy and regulatory compliance. Investfeed has positioned itself as a broker catering to a global audience, with a particular focus on European clients, despite lacking the necessary regulatory authorization to operate in many regions.
Investfeed's business model primarily revolves around retail forex trading, offering various account types to cater to different investor needs. The broker has faced scrutiny and skepticism regarding its operational practices and regulatory standing, which are critical factors for potential investors to consider when evaluating the safety of their funds.
Investfeed is not regulated by any reputable financial authority, which raises significant concerns regarding the safety of client funds. The financial services authority of SVG has explicitly stated that it does not regulate forex businesses, meaning that brokers like Investfeed operate without oversight. This lack of regulation is a red flag for potential investors, as it indicates that the broker is not subject to the stringent compliance requirements that regulated entities must adhere to.
The absence of a valid regulatory license means that customers of Investfeed do not benefit from protections typically offered by regulatory bodies, such as segregated accounts for client funds and participation in investor compensation schemes. Furthermore, Investfeed appears to engage in practices that may contravene local laws, particularly in regions where it targets clients without proper authorization.
Investfeed's KYC (Know Your Customer) and AML (Anti-Money Laundering) measures are also questionable, as there is limited information available regarding their implementation. Without robust compliance with these regulations, investors face heightened risks of fraud and mismanagement of their funds.
Investfeed offers a range of trading products, primarily focusing on forex pairs and CFDs. The broker provides access to a selection of currency pairs, including major, minor, and exotic options, although the exact number of pairs available is not specified. Additionally, Investfeed offers CFD products across various asset classes, including indices, commodities, and potentially cryptocurrencies.
The broker's product offerings are designed to cater to both novice and experienced traders, with a focus on providing a user-friendly trading experience. However, the frequency of product updates and the introduction of new trading instruments are not clearly communicated, leaving potential clients in the dark about the evolving nature of the broker's offerings.
Investfeed primarily serves retail clients, but there is no substantial evidence indicating that it provides institutional services or white-label solutions. The absence of asset management services also limits the broker's appeal to a broader range of investors looking for comprehensive financial services.
Investfeed supports the widely recognized MetaTrader 4 (MT4) trading platform, which is known for its user-friendly interface, advanced charting tools, and support for automated trading strategies. The broker also offers a web-based trading platform, allowing users to access their accounts from any device with internet connectivity.
Mobile trading is facilitated through applications compatible with both iOS and Android, enabling traders to manage their accounts and execute trades on the go. The broker's execution model is not explicitly stated, leading to uncertainty about whether it operates as an ECN (Electronic Communication Network), STP (Straight Through Processing), or a market maker.
Investfeed's infrastructure details, including server locations and technological capabilities, are not adequately disclosed, which is a concern for potential clients who prioritize reliability and speed in trade execution. The broker does not appear to offer API access for algorithmic trading, which may deter more advanced traders seeking to implement automated strategies.
Investfeed provides several account types to cater to different trading preferences and capital levels. The most basic account, known as Easy Start, requires a minimum deposit of $250. Other account types include:
While the broker does not provide detailed information on spreads, a demo account reveals a typical spread of 1.9 pips for the EUR/USD pair, which is above the average market spread. The leverage offered by Investfeed can go up to 1:500, which is significantly higher than what is allowed in many regulated jurisdictions, raising concerns about the potential for excessive risk.
Investfeed's overnight fees and other trading conditions are not clearly outlined, leaving traders uncertain about the total costs associated with trading on the platform.
Investfeed supports various deposit methods, including bank transfers, credit cards, and potentially electronic wallets. The minimum deposit requirement varies by account type, with the Easy Start account starting at $250.
Deposit processing times can take up to 5 business days, which is longer than the industry average, and there is limited information about any associated deposit fees.
Withdrawal methods are not explicitly detailed, but clients should expect similar processing times for withdrawals, potentially taking up to 7 business days. The broker also imposes a 10% monthly fee on dormant accounts, which can significantly impact traders who are not actively managing their accounts.
Investfeed offers customer support through various channels, including phone, email, and potentially online chat. However, detailed information about service hours and time zone coverage is not provided, which may affect clients' ability to receive timely assistance.
The broker claims to support multiple languages, although specific languages are not listed. Educational resources are limited, with no clear offerings of webinars, tutorials, or e-books to help traders improve their skills. Market analysis services, such as daily reports and news updates, are also not prominently featured.
Investfeed does provide some trading tools, including calculators and economic calendars, but the overall educational support appears insufficient for both novice and experienced traders.
Investfeed primarily serves clients in Europe and other regions, although it lacks the necessary regulatory approvals to operate in many of these markets. The broker has not disclosed the specific countries it accepts clients from, which raises concerns about its operational legality.
Certain countries may face restrictions due to local regulations, and potential clients should conduct thorough research to ensure compliance with their local laws before engaging with Investfeed. The broker's operations in jurisdictions with stringent regulatory frameworks may be particularly problematic, leading to potential legal ramifications for clients.
In conclusion, while Investfeed presents itself as a comprehensive trading platform, the lack of regulation and transparency raises significant concerns about the safety of client funds and the overall legitimacy of the broker. Prospective investors should exercise caution and consider alternative, regulated brokers to safeguard their investments.
FX1364662480
Australia
This broker is missing... I have persisted with phone calls and now emails where I am now totally ignored, and that includes my email requests to customer service. Any questions I have asked customer service have been ignored. The situation is extreme, disgraceful and a ploy to extract as much money as they can.
37130
2023-03-14